The Latest Breaking News from XLU

As Duke Energy outperformed the broader sector over the past year, Wall Street analysts remain moderately optimistic about the stock’s prospects.

Despite Southern Company outperforming the broader utility sector, Wall Street analysts remain cautiously optimistic about the stock’s prospects.

The utility sector offers protection from economic downturns as it faces a stable demand. Here is one fundamentally strong utility ETF, Utilities Select Sector SPDR Fund (XLU), which could help garner significant returns over time, despite the uncertain macro backdrop. Read on….

A better-than-expected July inflation report has boosted investors’ confidence, leading to the benchmark indices hitting multi-months highs. Moreover, the latest inflation report raises the possibility that the Fed might loosen its policy tightening. So, here are some quality no-brainer ETFs Utilities Select Sector SPDR (XLU), Vanguard Utilities Index (VPU), SPDR…

The Fed’s plans to hike interest rates aggressively to curb runaway inflation and the consequences of the ongoing Russia-Ukraine war are wreaking havoc on the stock market. This, coupled with rising recession fears, is expected to keep market sentiment bearish in the near term. Therefore, we think it could be…

The major stock market indexes have been experiencing a downtrend lately on investor worries about surging inflation, the possibility of aggressive interest rate hikes this year, and continuing geopolitical uncertainty. Amid such turbulence, consumer defensive sectors tend to remain resilient and deliver steady returns. Therefore, we think it could be…